Harmony

Introduction

We collaborated with Harmony—a pioneering Layer-1 blockchain and the home of DeFi Kingdom—to accelerate the growth of its DeFi ecosystem. Over the course of three months, our team conducted an in-depth analysis to identify strategic priorities, evaluate potential protocol deployments, and differentiate forked applications tailored to Harmony’s unique EVM-compatible architecture.

Our research not only addressed key technical and economic challenges but also delivered actionable insights and a clear roadmap to help Harmony build a competitive, sustainable, and innovative DeFi environment.

Scope

• Strategic Landscape Assessment: Evaluate the competitive dynamics and strategic priorities within Harmony’s DeFi ecosystem to inform long-term planning.
• Protocol and Application Analysis: Assess potential protocol deployments and forked applications, highlighting differentiation opportunities and identifying viable pathways for integration.
• Technical & Economic Research: Perform comprehensive technical and economic analyses, focusing on optimizing Harmony’s EVM-compatible framework for enhanced performance and scalability.
• Actionable Recommendations: Develop a detailed roadmap with actionable insights to guide ecosystem development, addressing both technical challenges and market positioning.
• Innovation & Differentiation: Identify unique opportunities and innovative approaches that leverage Harmony’s distinctive attributes to foster a resilient and competitive DeFi ecosystem.

Results and Findings

Our research delivered actionable insights that translate into a clear roadmap for enhancing Harmony’s DeFi ecosystem. By identifying strategic priorities and evaluating protocol deployments, we established a framework that ensures Harmony's liquidity and overall ecosystem remain competitive and sustainable.